2907 N Calvert Street

Description

Incredible investment opportunity! 2907 N Calvert St is a historical treasure located in Charles Village, one of Baltimores most coveted neighborhoods. Youll be equally captivated by the architectural splendor and strong monthly income of this fully occupied, zoned 3-unit building. The property boasts an astounding 5,000+ finished square feet, 11 bedrooms, 4 dens, 6 full bathrooms, and the kind of architectural details historians dream of with its soaring ceilings, arched doorways, ornate mantels, detailed wainscotting, elegant parquet floors, meticulous tilework, and iconic exposed brick walls! This end-unit building flaunts an astounding $9,560 in monthly income ($114,720 per year)! With its close proximity to the prestigious Johns Hopkins University (.6 miles), Medstar Union Memorial Hospital (.6 miles), Baltimore Museum of Art (.4 miles), downtown Baltimore (2.7 miles), and countless coffee shops and restaurants, the area is booming with students and professionals alike, making lease-up a breeze! Shared on-site laundry and access to a private garage (for a fee) are added bonuses for all residents. With high rents, no delinquency (as of 1/31/2025), written leases, lead certificates, and a 3-unit rental license, this property is truly turnkey. Tenants cover utility costs. Recent improvements include some updated flooring (2021/2022), renovated basement (2023), new ductless mini split heating/cooling systems on the second and third levels (2023), new electrical boxes in the basement, second, and third levels (2023), remodeled bathroom on the second level (2024), and installation of additional bathroom on the third level (2024). Add this extraordinary investment to your portfolio today! There is a Special Benefits Tax in this area. The current cost for the year for this property is $504.91. The Special Benefits Tax is a surcharge which covers additional safety and sanitization efforts for the neighborhood.